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Land resumption to boost supply

Chief Executive Carrie Lam today announced in her Policy Address that the Government will expedite its planning work and resume three types of private land wholly for developing public housing and Starter Homes. The three types


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Hong Kong’s construction workers to be impacted by salary freeze

The Hong Kong Construction Industry Employees General Union proposed for salary for construction workers to be frozen next month. This is the first time that salaries will not be adjusted upwards in the last 10 years.


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9 pre-sale consents issued

The Lands Department issued nine pre-sale consents for residential developments in the third quarter of the year. They were issued for eight residential developments, involving 4,101 units. Three developments in Mid-Levels East, Sham Shui Po and


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Hyundai Planning on $420m Underwater Tunnel in Vietnam

Hyundai Engineering & Construction has entered into talks with the government of Quang Ninh Province in the north of Vietnam over the excavation of a 2.1km underwater tunnel across the mouth of Ha Long bay. Hyundai


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South Korea’s GS E&C to fund half of $1.4 bn petrochemical plant in Turkey

South Korea’s GS Engineering & Construction Corp. (GS E&C) will fund nearly half of a $1.4 billion project to install a petrochemical plant in Turkey. The company announced Tuesday it has signed a contract to acquire


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Taiwan sentences three to five years in jail for fatal earthquake collapse

14 people died in one building in Hualien after the Feb. 6, 2018 quake TAIPEI – The developer, the architect and a civil engineer were sentenced to five years in prison Tuesday (October 8) for the


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Cavern plan to free up and expand city’s land resources

The Government is actively exploring sustainable and innovative approaches to expand the city’s land resources. One viable source of land supply is rock cavern development. The relocation of suitable existing government facilities to caverns can release


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Balfour Beatty JV awarded HK$4.75 billion manufacturing facility contract

Balfour Beatty today announces that its 50:50 joint venture, Gammon Construction, has been awarded a HK$4.75 billion (c. £490 million) contract to deliver an Advanced Manufacturing Centre (AMC) on behalf of the Hong Kong Science &


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Maglev Train to Cut Guangzhou-Wuhan Journey to 2 Hours

If technology proves to be viable, a 2,200-km trip from Wuhan to Guangzhou could be reduced to around two hours A high-speed maglev train project featuring trains that are capable of traveling at 600-1,000 kilometers per


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Six feared trapped after bridge collapse in Taiwan

Hopes were fading last night for six people believed to be trapped when a bridge in Taiwan collapsed onto a group of fishing boats moored underneath. Dramatic CCTV footage captured the moment the 140-meter long single-arch


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